Kansas Lender Bonds
NFP Surety is a preferred provider of the the Kansas Supervised Lender Surety Bond. Kansas Supervised Loan Lender licensees who intend to engage in making loans secured by an interest in real property or contracts for deed must obtain a surety bond in the amount of $250,000 for the first licensed place of business, plus an additional $25,000 for each additional licensed place of business. Or, if the licensee made more than $50,000,000 in loans in Kansas during the previous calendar year, a $300,000 KS Supervised Lender bond must be procured.
All other licensees must submit a KS Supervised Lender Bond in the amount of $100,000 for the first licensed place of business, plus an additional $25,000 for each additional licensed place of business to a maximum of $300,000.
NFP Surety can help with your Kansas Supervised Lender Bond need, regardless of bond amount and credit. For more information about how to apply for the bond, please call (800) 863-3210 to speak with our experienced sales staff.
For specifics regarding licensing requirements and state contact information, please visit http://mortgage.nationwidelicensingsystem.org/slr/Pages/DynamicLicenses.aspx?StateID=KS